Introducing the Navan Business Travel Index: A New Industry Benchmark for Corporate Travel Trends
The Navan Team
Today, we launched the Navan Business Travel Index (BTI), a new global indicator of business travel activity that reveals how organizations are moving, meeting, and investing in face-to-face connections to fuel growth. With so much data out there, decision-makers need more than just numbers; they need context and benchmarks to understand how their travel investments compare and where new opportunities might be emerging.
The report highlights that business travel isn’t just holding steady — it’s rising at double-digit rates, with bookings up 15% year-over-year,* while overall travel, represented by TSA data, decreased by 1%.**
“Our goal is to move beyond guesswork, giving everyone in the business travel ecosystem actionable insights on how companies are investing in travel.”
- Amy Butte, Chief Financial Officer at Navan
Wondering which travel expense categories are trending the most? Taxi and rideshare transaction volume has jumped 22% year-over-year, potentially signaling a greater resurgence of employee travel. Curious what industries are traveling the most? Financial Services is up 31% and Media & Entertainment is up 25% year-over-year* in both air and hotel spend and transaction volume. All that and more is in the Navan Business Travel Index.
Built on principles established by economists and validated by experts from Nasdaq®, the Navan BTI is powered by millions of corporate transactions — captured through Navan’s business travel and expense management platform — from more than 10,000 businesses spanning all industries, company sizes, and global markets, transforming business travel patterns into actionable insights.
Ready to see where you stand — and where to go next? Visit navan.com/bti to download the full report.
*Year-over-year data results represent Q2 2025 (April 1–June 30) compared to Q2 2024 (April 1–June 30)
**The Business Travel Index is compared against a TSA index, constructed with the same methodology as the BTI on publicly available TSA passenger volume data. Both indices are detrended to highlight the seasonality difference.
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